SMM, February 10: Silicon metal prices in east China remained stable. Standard #553 silicon metal in east China was priced at 10,600-10,700 yuan/mt, above-standard #553 silicon metal at 10,800-10,900 yuan/mt, and #421 silicon metal at 11,500-11,700 yuan/mt. The silicon metal market prices remained weak and stable, with market transactions still sluggish. Under the influence of weak market conditions, the upstream silicon coal sector also faced challenges such as low demand and price suppression sentiment from the downstream industries. Today, the ex-factory price of non-caking silicon coal in Xinjiang was further reduced by 50 yuan/mt, currently standing at 1,110 yuan/mt. This price adjustment aims to continue benefiting downstream silicon plants.
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